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maent

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maent

Re: JohnCM post# 630

Tuesday, 04/21/2020 11:48:17 PM

Tuesday, April 21, 2020 11:48:17 PM

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The problem with it is that they don't know how many shale companies will make it through this intact. It could be 2021-2022 before crude is back to levels that many shale companies will be able to be profitable. This could cripple shale output for 5 years. An eft or etn solely comprised of WTI shale companies, I wouldn't recommend either at this point.
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